Agreements reached under this partnership
Capital and Business Alliance- 1
Promotion of joint projects in the condominium development business within the real estate segment
- 2
Advice based on specialized knowledge and expertise within the construction segment
- 3
Personnel exchanges between the two companies
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on results for the fiscal year ending May 2027 is currently under review. If any matters requiring disclosure arise, they will be disclosed promptly.
| Item | Details |
|---|---|
| Name of alliance partner | Chuo-Nippon Land & Building Co., Ltd. |
| Alliance partner's business activities | Development, leasing, management and operation of office buildings, commercial facilities and logistics facilities, as well as development, sales and leasing of condominiums and detached houses |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥17.0 billion |
| Alliance partner's net sales | ¥137,734 million (fiscal year ended March 2026; operating revenue) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Promotion of joint projects in the condominium development business within the real estate segment, Advice based on specialized knowledge and expertise within the construction segment, Personnel exchanges between the two companies |
| Number of shares acquired | 600,000 shares (4.5% of the total number of issued shares, including treasury shares) |
| Acquisition price | ¥965 per share; total disposal amount of ¥579,000,000 |
| Shareholding ratio | 0％ → 4.5％ |
| Shareholding Policy | The shares will be held over the medium to long term. The company plans to obtain a written undertaking that, if all or part of the shares are transferred within 2 years of the payment date, the transfer will be reported to the company in writing, among other matters. |
| Date of board resolution | 22 July 2026 |
| Contract Date | 22 July 2026 |
| Share Acquisition Date and Payment Date | 10 August 2026 |
| Impact on Business Performance | The impact on results for the fiscal year ending May 2027 is currently under review. If any matters requiring disclosure arise, they will be disclosed promptly. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To leverage the synergies arising from the knowledge and expertise of both companies, provide secure and safe housing, accelerate their growth strategies, strengthen their management foundations and enhance corporate value.